STEPHANIEDAMOLE16IN STEPHANIEDAMOLE16IN

Math

Answered

principal amount 12,000.00 rate 2% time 2 years what is the SIMPLE INTERESTE? show your solution

Sagot :

EUDXIRIELLEIN EUDXIRIELLEIN

Answer:

60,000

Step-by-step explanation:

formula;

A = P(1+rt)

where;

P = principal amount

r = rate

t = time

A = 12,000(1+2(2))

A = 12,000(5)

A = 60,000

hope it helps, good day!

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